New York Governor Andrew Cuomo has announced an investment program that would earmark $750 million to build charging stations and other electric-vehicle infrastructure as part of the state's long-term goal to decrease CO2 emissions.
The measure is set to establish more than 50,000 charging stations and will mostly be funded by the state's investor-owned utility companies, with a total budget of $701 million till 2025.
An additional $48.8 million is allotted from a 2017 settlement with German carmaker Volkswagen AG over its diesel emissions cheating scandal to fund electric school and transit buses, as well as charging stations.
New York's declaration comes on the back of a similar measure by Florida, which on July 10th announced an $8.6 million outlay to expand charging stations.
While electric vehicle sales have progressively increased over the past few years, they still made up less than 2% of all U.S. vehicle sales in 2019, as per the U.S. Department of Energy.
Widespread adoption has been subdued in part by a lack of dependable charging networks, with most of them concentrated in densely populated urban areas and along the U.S. East and West Coasts.
